BCH/USDT – 1H – SELL

The pair Bitcoin Cash/Tether (BCH/USDT) goes from the bearish trendline down.

A continuation of the downtrend down to the next support level at will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 528 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.

There is also a ‘Three Outside Down’ chart pattern is found. The candles form ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

528 – 538 – 540.8 – 511.8 – 511.2 – 516.8 —
523.200000000 – 524.400000000 —
43.823826188112 – 54.817537419703 —
– —
528 – 1770771600

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Three Outside Down – – –